According to the Associated Press, The United Auto Workers union won $5,000 signing bonuses, as well as the possibility of sweeter profit-sharing checks as part of a new four-year contract with General Motors Co..  GM was the first of the "Detroit Three" to reach an agreement with the UAW, with Chrysler likely to be next, followed by Ford, where little progress has been made in negotiations so far.

Not everyone is too happy about the deal, considering GM received a $49.5 billion government bailout two years ago and is still part-owned by the U.S. Treasury.  The Breakfast Flakes discussed the signing bonus this morning, and Paul is steaming mad.  You can listen to the rant below.

Let us know your thoughts on the new GM agreement in the comments section below.